Magellan Reveral Means
A Fortune for Fidelity

By

John Hechinger Staff Reporter of The Wall Street Journal

Updated Dec. 29, 1999 11:52 p.m. ET

BOSTON -- Fidelity Investments could soon reap a rich bounty from putting its Magellan Fund back on course.

Portfolio skipper Robert Stansky now appears almost certain to complete the fund's recovery from poor performance: He should end this month having topped the overall stock market's return of the past three years.

The feat isn't just significant in terms of bragging rights -- but because the fund's performance relative to...